Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $2,000,000, and management estimates 5% will be uncollectible. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $1,500. The amount of Uncollectible-Account Expense reported on the income statement will be OA. $1,500, OB. $100,000 OC. $101,500. OD. $98,500 Canb